Telecom Argentina (TEO) Receiving Somewhat Favorable Media Coverage, Analysis Finds
Headlines about Telecom Argentina (NYSE:TEO) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Telecom Argentina earned a news impact score of 0.13 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 45.7158969309862 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several research analysts recently issued reports on the stock. Zacks Investment Research cut shares of Telecom Argentina from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 4th. BidaskClub raised shares of Telecom Argentina from a “hold” rating to a “buy” rating in a report on Saturday, August 19th. Finally, ValuEngine raised shares of Telecom Argentina from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $29.67.
Shares of Telecom Argentina (NYSE:TEO) traded down $0.46 during trading on Thursday, hitting $38.02. 174,043 shares of the company traded hands, compared to its average volume of 179,100. The company has a current ratio of 0.93, a quick ratio of 0.84 and a debt-to-equity ratio of 0.35. Telecom Argentina has a 12-month low of $17.04 and a 12-month high of $38.69. The stock has a market capitalization of $3,530.00, a PE ratio of 16.54, a PEG ratio of 1.58 and a beta of 1.48.
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About Telecom Argentina
Telecom Argentina SA provides fixed-line telecommunications services in Argentina, and also provides other telephone-related services, such as international long-distance service, data transmission, information technology solutions outsourcing and Internet services. The Company’s segments include Fixed Telecommunications Services (Fixed Services), Personal Mobile Telecommunications Services (Personal Mobile Services) and Nucleo Mobile Telecommunications Services (Nucleo Mobile Services).
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